WHO WE ARE

Blockchain, distributed ledgers and smart contracts represent a seismic shift in how financial markets, and all aspects of the global economy, operate. In the same way that the internet gave us a powerful way to share and access information, blockchain technology now gives us a powerful way to share and access value.

As we work to incorporate and adapt these powerful advances in technology - including the emergence of digital currencies - to the world of "Finance 2.0", having an organized, strategic approach will help all participants involved in the global, distributed ledger ecosystem.

The long term result will be new asset classes, increased market efficiencies, more cost-effective technology solutions and ultimately greater value and wealth creation for all participants in global financial markets.

Ron Quaranta,
Chairman

"As we enter the Age of Blockchain Technology and Cryptoassets, financial market institutions and professionals require a member-driven organization that will fully and accurately represent their concerns to national and international government agencies and regulators, as well as to the technology innovators at the heart of this new era."

WHAT WE DO

The WSBA stands as a neutral, unbiased steward of education and cooperation between global financial firms.

Our mission is to guide and promote comprehensive adoption of blockchain technology and cryptoassets across global financial markets. We do this by engaging with market participants, regulators, policymakers and technology innovators through direct communication, comment letters, studies and more to guide the public dialogue about blockchain, distributed ledger and smart contract technology, so that the financial markets can realize the full potential of these capabilities.

We seek to do this in a way that is effective, complies with all regulatory safeguards and ultimately paves the way for more efficient and profitable markets.

Current issues that WSBA is focusing on include:

Innovations in distributed ledger technology, and opportunities across other financial services, such as clearing and settlement.

Technological innovations and challenges with global system integration.

The need for education and certification of industry professionals working to implement distributed ledger technology.​